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US Regulator Tells Credit Unions They Can Team Up with Crypto Firms
22.12.2021
America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets.
The NCUA outlined its stance on crypto in an open letter to unions...
Mutual Bank in New Jersey to Give Customers the Ability to Buy, Sell and Hold Cryptocurrency
21.12.2021
Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the company Bakkt to give its retail clients the ability to buy, sell and hold cryptocurrency through the bank’s mobile banking application. Manasquan Bank to Give...
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
18.12.2021
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio
KKR leads $350M raise for crypto custody bank Anchorage Digital
15.12.2021
The raise marks the first time investment giant KKR directly invested in a cryptocurrency firm
5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply
13.12.2021
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held...
Crypto Exchange Gemini Adds Shiba Inu Support — SHIB Investors Hopeful Robinhood Will Be Next
14.11.2021
Another major cryptocurrency exchange has added support for the meme cryptocurrency shiba inu. Gemini has begun supporting SHIB alongside a few new defi, metaverse, infrastructure, and data management tokens. Meanwhile, the petition for Robinhood to list the shiba inu crypto has garnered more than...
NYDFS-licensed Standard Custody brings Solana staking to institutions
10.11.2021
In addition to Bitcoin and Ether, institutional investors are looking to broaden their exposure to emerging projects such as SOL
Venezuelan Court Rolls Back Seizure of More Than 1,000 Bitcoin Miners
10.11.2021
A Venezuelan court in the capital of the country has rolled back a seizure of more than 1,000 Bitcoin miners due to irregularities that occurred during the confiscation. According to court documents, the equipment that was seized was in the custody of a third-party company that was doing...
‘The Unfair Advantage:’ Dune Actress Rebecca Ferguson Stars in Crypto-Centric TV Commercial
10.11.2021
In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel...
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
28.10.2021
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
25.10.2021
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional...
Spanish Banks Interested in Offering Crypto Assets to Their Customers
22.10.2021
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply...
JPMorgan Boss Dimon Takes Another Badly Timed Swing at Bitcoin
12.10.2021
rated:“I personally think that bitcoin is worthless.”However, he added that JPMorgan’s clients are “adults,” and he was prepared to give them “as clean as possible access” to the coin – although his firm couldn’t currently “custody” BTC.But Dimon appeared to be on a mission to o
US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients
6.10.2021
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that...
America’s fifth-largest bank launches crypto custody service — Report
5.10.2021
U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive
Arab Bank has chosen Tezos to facilitate institutional custody service
5.10.2021
The Switzerland firm is an independent sister company of Arab Bank plc
Check These Four Banks and Their Moves Into Bitcoin & Crypto Custody
4.10.2021
ding platforms “for the time being.” But it appears that banks are far more comfortable with the idea of helping exchanges store their customers’ fiat and crypto.Per Asia Kyungjae
SEBA Bank granted the first Swiss digital asset custody license
29.9.2021
The bank will concentrate efforts on building an institutional-grade facility to invest in crypto assets
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
25.9.2021
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto...
Monero’s former maintainer released from US custody
21.9.2021
“I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all,” said Riccardo Spagni